We propose a depressed clad hollow optical fiber with fundamental (LP01) mode cut-off suitable for high power short-wavelength, especially three-level, fiber laser operation by introducing highly wavelength dependent losses at longer wavelengths. The cut-off characteristic of such fiber structure was investigated. A Yb-doped depressed clad hollow optical fiber laser generating 59.1W of output power at 1046nm with 86% of slope efficiency with respect to the absorbed pump power was realised by placing the LP01 mode cut-off at ~1100nm