<SEC-DOCUMENT>0001072613-19-000125-index.html : 20190308
<SEC-HEADER>0001072613-19-000125.hdr.sgml : 20190308
<ACCEPTANCE-DATETIME>20190308141403
ACCESSION NUMBER:		0001072613-19-000125
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		12
CONFORMED PERIOD OF REPORT:	20181231
FILED AS OF DATE:		20190308
DATE AS OF CHANGE:		20190308
EFFECTIVENESS DATE:		20190308

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BARINGS PARTICIPATION INVESTORS
		CENTRAL INDEX KEY:			0000831655
		IRS NUMBER:				043025730
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05531
		FILM NUMBER:		19668683

	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:	BABSON CAPITAL PARTICIPATION INVESTORS
		DATE OF NAME CHANGE:	20111230

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MASSMUTUAL PARTICIPATION INVESTORS
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MASSMUTUAL CORPORATE INVESTORS II
		DATE OF NAME CHANGE:	19880417
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>pi-ncsr_18294.htm
<DESCRIPTION>BARINGS PARTICIPATION INVESTORS -- 2018 ANNUAL REPORT
<TEXT>
Document 1 - file: pi-ncsr_18294.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.31.1
<SEQUENCE>2
<FILENAME>exh99-311_18294.htm
<DESCRIPTION>PRINCIPAL EXECUTIVE OFFICER CERTIFICATION
<TEXT>
Document 2 - file: exh99-311_18294.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.31.2
<SEQUENCE>3
<FILENAME>exh99-312_18294.htm
<DESCRIPTION>PRINCIPAL FINANCIAL OFFICER CERTIFICATION
<TEXT>
Document 3 - file: exh99-312_18294.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.32
<SEQUENCE>4
<FILENAME>exh99-32_18294.htm
<DESCRIPTION>CERTIFICATIONS PURSUANT TO RULE 302-2(B) UNDER THE ACT
<TEXT>
Document 4 - file: exh99-32_18294.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>image1.jpg
<TEXT>
Document 5 - file: image1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>image00002.jpg
<TEXT>
Document 6 - file: image00002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>image00004.jpg
<TEXT>
Document 7 - file: image00004.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>image00005.jpg
<TEXT>
Document 8 - file: image00005.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>image00009.jpg
<TEXT>
Document 9 - file: image00009.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>image00010.jpg
<TEXT>
Document 10 - file: image00010.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>image00011.jpg
<TEXT>
Document 11 - file: image00011.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>image00012.jpg
<TEXT>
Document 12 - file: image00012.jpg

</DOCUMENT>
</SEC-DOCUMENT>