Considering the innately connected neutral point in a multifunctional converter system (MFCS) fed three-phase surface-mounted permanent magnet synchronous machine (SPMSM) drive, this article develops its fault self-tolerance toward open-phase faults (OPFs) without assisted hardware. First, the operating principle of the MFCS fed SPMSM drive is explained by building a zero-sequence model. Second, to achieve fault-tolerant operations, an unconventional current vector trajectory is proposed, aiming at maintaining the torque and average input power invariable. The shape of the proposed trajectory tends to be like a heart rather than a circle with the rise of motor speed. Moreover, <inline-formula xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink"><tex-math notation="LaTeX">$\boldsymbol{d}$</tex-math></inline-formula> -axis and zero-sequence currents vary with the position of rotor. By considering the limits of inverter voltage and current, the postfault output capability of the drive is explicitly analyzed. Third, a new fault-tolerant control strategy is thus proposed, in which the OPF is detected by comparing the deviation between predictive and actual currents. To track the time-varying current references, a differential flatness-based current controller is further developed. Finally, experimental results are given to verify the effectiveness.