UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number:                                                                             811-22120

Exact name of registrant as specified in charter: Oppenheimer Portfolio Series Fixed Income Active Allocation Fund

Address of principal executive offices:                                                                             6803 South Tucson Way

Centennial, CO 80112-3924

Name and address of agent for service: Arthur S. Gabinet, Executive Vice President & General Counsel

OppenheimerFunds, Inc.

Two World Financial Center

225 Liberty Street

New York, NY 10281-1008

Registrant’s telephone number, including area code:                                                    303-768-3200

Date of fiscal year end:                                                                                                        1/31

Date of reporting period:                                                                                                     07/01/2011-06/30/2012

Item 1. Proxy Voting Record

******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-22120
Reporting Period: 07/01/2011 - 06/30/2012
Oppenheimer Portfolio Series Fixed Income Active Allocation Fund









========= Oppenheimer Portfolio Series Fixed Income Active Allocation  =========
=========                             Fund                             =========

There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
========== END NPX REPORT

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant: Oppenheimer Portfolio Series Fixed Income Active Allocation Fund

By:                                                          William F. Glavin, Jr.*

William F. Glavin, Jr., President and Principal Executive Officer

Date:                                                      August 28, 2012

*By:           /s/ Randy Legg

   Randy Legg, Attorney in Fact