An AC -DC converter with power factor correction (PFC) function is proposed in this paper. In the proposed converter, the boost PFC stage and the active-clamp DC-DC converter stage are merged into a single converter to reduce the overall cost and improve the power density. An active-clamp DC-DC converter stage can suppress the switch voltage stresses and provide zero-voltage-switching (ZVS) operation of the switches. The boost converter in PFC stage operates in discontinuous conduction mode (DCM) and it provides naturally high power factor. Due to the ZVS operation, the switching losses of the proposed converter are significantly reduced and the efficiency is improved. Steady-state analysis is performed. Simulation results are also provided to verify the effectiveness of the proposed converter.