-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 2psG/vKDCDGyNRAj/SnSFA==

<SEC-DOCUMENT>0000831655-06-000014.txt : 20060728
<SEC-HEADER>0000831655-06-000014.hdr.sgml : 20060728
<ACCEPTANCE-DATETIME>20060728142146
ACCESSION NUMBER:		0000831655-06-000014
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20060718
FILED AS OF DATE:		20060728
DATE AS OF CHANGE:		20060728

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MASSMUTUAL PARTICIPATION INVESTORS
		CENTRAL INDEX KEY:			0000831655
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				043025730
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1500 MAIN STREET
		STREET 2:		SUITE 600
		CITY:			SPRINGFIELD
		STATE:			MA
		ZIP:			01115
		BUSINESS PHONE:		4132261000

	MAIL ADDRESS:	
		STREET 1:		1500 MAIN STREET
		STREET 2:		SUITE 600
		CITY:			SPRINGFIELD
		STATE:			MA
		ZIP:			01115

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MASSMUTUAL CORPORATE INVESTORS II
		DATE OF NAME CHANGE:	19880417

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BARRETT WILLIAM J
		CENTRAL INDEX KEY:			0000923415

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05531
		FILM NUMBER:		06987518

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2125100688

	MAIL ADDRESS:	
		STREET 1:		P O BOX 6199
		CITY:			FAIR HAVEN
		STATE:			NJ
		ZIP:			07704
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>bar23.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2006-07-18</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000831655</issuerCik>
        <issuerName>MASSMUTUAL PARTICIPATION INVESTORS</issuerName>
        <issuerTradingSymbol>MPV</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000923415</rptOwnerCik>
            <rptOwnerName>BARRETT WILLIAM J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>BABSON CAPITAL MANAGEMENT LLC</rptOwnerStreet1>
            <rptOwnerStreet2>1500 MAIN ST</rptOwnerStreet2>
            <rptOwnerCity>SPRINGFIELD</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>01115</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Trustee</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4913.56</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>16011.97</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Spouse</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Mr. William Barrett disclaims beneficial ownership of all securities held by his spouse, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>By: Mark Godin as Attorney-in-fact for</signatureName>
        <signatureDate>2006-07-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>barrett.txt
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>







              SEC Form 3, Form 4 and Form 5 and Application for EDGAR Access
                         (Form ID) Confirmation of Authority to Sign

Pursuant to Instruction 7 to SEC "Form 3 - Initial Statement of Beneficial
Ownership of Security," "Form 4--Statement of Changes in Beneficial Ownership"
and "Form 5 - Annual Statement of Beneficial Ownership of Securities" the
undersigned, being the Trustee of MassMutual Corporate Investors and
MassMutual Participation Investors (each, a "Trust"), hereby appoint and
designate (i) Robert Guerin (ii) Mark Godin (iii) Diane Clines and
(iv) Sara Stinson, and each of them singly, my true and lawful power of
attorney with full power to (a) apply for access to the EDGAR filing system in
my name and (b) sign for me and file with the Securities and Exchange
Commission, the New York Stock Exchange and the Trust said SEC Forms 3 4 and/or
5 with respect to shares of the Trust purchased or sold by the undersigned or
any other change of beneficial ownership relating to equity or derivative
securities of the Trust required to be reported by the undersigned.

This authorization shall remain in effect until a written revocation is
executed by the undersigned and filed with the Securities and Exchange
Commission.



Signature and Date:       William J Barrett                 July 27, 2006
                 -------------------------------------------------------------

Name:    William J Barrett
Title:   Trustee of MassMutual Corporate Investors
         and MassMutual Participation Investors


















</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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