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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 811-05531
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MassMutual Participation Investors
(Exact name of registrant as specified in charter)
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1500 Main Street
Suite 600
Springfield, MA 01115
(Address of principal executive offices) (Zip code)
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Rodney J. Dillman, Vice President and Secretary
1500 Main Street, Suite 2800, Springfield, MA 01115
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(name and address of agent for service)
Registrant's telephone number, including area code: 413-226-1000
Date of fiscal year end: December 31
Date of reporting period: July 1, 2005 - June 30, 2006
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ITEM 1. PROXY VOTING RECORD
DISTRIBUTED ENERGY SYSTEMS CORP.
Ticker: DESC Security ID: 25475V104
Meeting Date: JUN 6, 2006 Meeting Type: Annual
Record Date: APR 12, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Walter W. Schroeder For For Management
1.2 Elect Director Robert W. Shaw Jr. For For Management
2. Ratify Auditors For For Management
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RENT-WAY, INC.
Ticker: RWY Security ID: 76009U104
Meeting Date: MAR 8, 2006 Meeting Type: Annual
Record Date: JAN 20, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director William Lerner For For Management
1.2 Elect Director Marc W. Joseffer For For Management
1.3 Elect Director Jacqueline E. Woods For For Management
2. Approve omnibus Stock Plan For For Management
3. Ratify Auditors For For Management
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THERAVANCE, INC.
Ticker: THRX Security ID: 88338T104
Meeting Date: APR 26, 2006 Meeting Type: Annual
Record Date: MAR 1, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director P. Roy Vagelos, M.D. For No Vote Management
1.2 Elect Director Rick E. Winningham For No Vote Management
1.3 Elect Director Julian C. Baker For No Vote Management
1.4 Elect Director Jeffrey M. Drazan For No Vote Management
1.5 Elect Director R.V. Gunderson, Jr. For No Vote Management
1.6 Elect Director Arnold J. Levine, Ph.D. For No Vote Management
1.7 Elect Director Ronn C. Loewenthal For No Vote Management
1.8 Elect Director Eve E. Slater, M.D. For No Vote Management
1.9 Elect Director William H. Waltrip For No Vote Management
1.10 Elect Director G.M. Whitesides, Ph.D. For No Vote Management
1.11 Elect Director William D. Young For No Vote Management
2. Ratify Auditors For No Vote Management
SIGNATURES
[See General Instruction F]
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) MassMutual Participation Investors
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By (Signature and Title)* /s/ Clifford M. Noreen
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Clifford M. Noreen, President
Date: August 28, 2006
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* Print the name and title of each signing officer under his or her signature.