The phase-shifted full-bridge (PSFB) converter is widely employed in high-power applications. However, circulating current, narrow range of zero-voltage switching (ZVS), duty-cycle loss, and secondary parasitic oscillation are the main drawbacks of the traditional PSFB converter. This paper proposes an improved full-bridge converter to solve the drawbacks of the traditional PSFB converter. In the proposed converter, a coupled inductor with three windings is introduced to adjust the available ZVS energy and to transfer power to the output side during freewheeling period. Due to this structure, output filter requirement, circulating current, the required ZVS energy, and secondary voltage oscillation can be reduced. Thus, the proposed converter can obtain higher conversion efficiency than the traditional PSFB converter. In this paper, the detailed operation principles and experimental results are presented.