A power converter system configured to supply DC power to a load is provided, comprising a power converter device responsive to an AC input voltage and configured to provide an output DC voltage; an output voltage loop controller in operable communication with the power converter; an output current loop controller in operable communication with the power converter; an output power loop controller in operable communication with the power converter; and a foldback controller in operable communication with the power converter. The output voltage loop controller, the output current loop controller, the output power loop controller, and the foldback controller together control the power converter to provide a multi-sloped output characteristic, including constant output voltage in voltage mode, increased output current in a first constant power mode, decreased output current and voltage in a foldback mode, and increasing output current and decreasing output voltage in a second constant power mode.