The fault current limiting characteristics of a flux-lock type superconducting fault current limiter(SFCL) according to fault angles were investigated. From the electrical equivalent circuit with the magnetization branch, the inner magnetic flux of this SFCL due to fault angles was induced and its effect on the limited fault current was analyzed. From the fault current limiting experiments, the exciting current, which described the saturation of the iron core, was calculated and its dependence on the fault angle was analyzed. Before the fault happened, the exciting current did not happen, that it kept zero value. However, after the fault happened, the exciting current flowed and, the exciting current in case of the additive polarity winding showed higher value than for the case of the subtractive polarity winding. The analysis results were compared with the experimental ones, and experimental results agreed with the analysis ones.