<SEC-DOCUMENT>0001225208-20-004302.txt : 20200304
<SEC-HEADER>0001225208-20-004302.hdr.sgml : 20200304
<ACCEPTANCE-DATETIME>20200304132503
ACCESSION NUMBER:		0001225208-20-004302
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200301
FILED AS OF DATE:		20200304
DATE AS OF CHANGE:		20200304

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Bock Jonathan
		CENTRAL INDEX KEY:			0001749227

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05531
		FILM NUMBER:		20686461

	MAIL ADDRESS:	
		STREET 1:		BARINGS LLC
		STREET 2:		300 SOUTH TRYON STREET, SUITE 2500
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28202

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BARINGS 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:		C/O BARINGS LLC
		STREET 2:		300 SOUTH TRYON STREET, SUITE 2500
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28202
		BUSINESS PHONE:		704-805-7200

	MAIL ADDRESS:	
		STREET 1:		C/O BARINGS LLC
		STREET 2:		300 SOUTH TRYON STREET, SUITE 2500
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28202

	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>3
<SEQUENCE>1
<FILENAME>doc3.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2020-03-01</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001749227</rptOwnerCik>
            <rptOwnerName>Bock Jonathan</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O BARINGS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>300 SOUTH TRYON STREET, SUITE 2500</rptOwnerStreet2>
            <rptOwnerCity>CHARLOTTE</rptOwnerCity>
            <rptOwnerState>NC</rptOwnerState>
            <rptOwnerZipCode>28202</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>Chief Financial Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes></footnotes>

    <ownerSignature>
        <signatureName>Ann Malloy as Attorney-in-fact</signatureName>
        <signatureDate>2020-03-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>jbockcipi.txt
<TEXT>
Securities and Exchange Commission Forms 3, Form 4 and Form 5 and Application
for EDGAR Access (Form ID) Confirmation of Authority to Sign



Pursuant to Instruction 7 to Securities and Exchange Commission ("SEC") "Form 3
- Initial Statement of Beneficial Ownership of Securities", "Form 4 - Statement
of Changes in Beneficial Ownership" and "Form 5 - Annual Statement of Beneficial
Ownership of Securities" the undersigned,  being the Chief Financial Officer of
Barings Corporate Investors and Barings Participation Investor (the "Issuers"),
hereby appoints and designates Jessica Restivo, Ann Malloy, Latavea Cross,
Melissa Cliver and Melissa LaGrant each as my true and lawful attorneys in fact
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 SEC, the New York Stock Exchange and the
Issuers  said  SEC Forms 3, 4 and/or 5 with respect to shares of the Issuers
purchased or sold by the undersigned or any other change of beneficial ownership
relating to equity or derivative securities of the Issuers required to be
reported by the undersigned.

This Power of Attorney shall remain in full force and effect until I earlier
revoke it in a signed writing delivered to the attorneys-in-fact.




By:	Jonathan Bock
Title:	Chief Financial Officer Vice President of Barings Corporate Investors
        and Barings Participation Investor

Date:   March 04, 2020



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