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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM N-PX
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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 1100
Springfield, MA 01115
(Address of principal executive offices) (Zip code)
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Stephen L. Kuhn, 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, 2004 - June 30, 2005
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Item 1. Proxy Voting Record
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CHEMED CORP.
Ticker: CHE Security ID: 16359R103
Meeting Date: MAY 16, 2005 Meeting Type: Annual
Record Date: MAR 31, 2005
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Edward L. Hutton For For Management
1.2 Elect Director Kevin J. McNamara For For Management
1.3 Elect Director Donald Breen, Jr. For For Management
1.4 Elect Director Charles H. Erhart, Jr. For For Management
1.5 Elect Director Joel F. Gemunder For For Management
1.6 Elect Director Patrick P. Grace For For Management
1.7 Elect Director Thomas C. Hutton For For Management
1.8 Elect Director Walter L. Krebs For For Management
1.9 Elect Director Sandra E. Laney For For Management
1.10 Elect Director Timothy S. O'Toole For For Management
1.11 Elect Director Donald E. Saunders For For Management
1.12 Elect Director George J. Walsh III For For Management
1.13 Elect Director Frank E. Wood For For Management
2 Ratify Auditors For For Management
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DELSTAR HOLDING CORP.
Ticker: Private Co. Security ID: 24736#123
Meeting Date: February 8, 2005 Meeting Type: Annual
Record Date: February 8, 2005
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Mark Abrahams For For Management
1.2 Elect Director Martin Doolan For For Management
1.3 Elect Director John Nevin For For Management
1.4 Elect Director James Parsons For For Management
1.5 Elect Director Edward Truslow For For Management
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DISTRIBUTED ENERGY SYSTEMS CORP.
Ticker: DESC Security ID: 25475V104
Meeting Date: JUN 9, 2005 Meeting Type: Annual
Record Date: APR 15, 2005
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director James H. Ozanne For For Management
1.2 Elect Director Theodore Stern For For Management
2 Amend Omnibus Stock Plan For Against Management
3 Amend Qualified Employee Stock For For Management
Purchase Plan
4 Ratify Auditors For For Management
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RENT-WAY, INC.
Ticker: RWY Security ID: 76009U104
Meeting Date: MAR 9, 2005 Meeting Type: Annual
Record Date: JAN 26, 2005
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Gerald A. Ryan For For Management
1.2 Elect Director Robert B. Fagenson For For Management
2 Other Business For Against Management
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TRANSMONTAIGNE INC.
Ticker: TMG Security ID: 893934109
Meeting Date: MAY 5, 2005 Meeting Type: Annual
Record Date: MAR 18, 2005
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Cortlandt S. Dietler For For Management
1.2 Elect Director Donald H. Anderson For For Management
1.3 Elect Director John A. Hill For For Management
1.4 Elect Director Bryan H. Lawrence For Withhold Management
1.5 Elect Director Harold R. Logan, Jr. For For Management
1.6 Elect Director Edwin H. Morgens For Withhold Management
1.7 Elect Director Wayne W. Murdy For For Management
1.8 Elect Director Walter P. Schuetze For For Management
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THERAVANCE INC
Ticker: THRX Security ID: 88338T104
Meeting Date: JUN 30, 2005 Meeting Type: Annual
Record Date: MAY 3, 2005
# 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 William H. Waltrip For No Vote Management
1.9 Elect Director G.M. Whitesides, Ph.D. For No Vote Management
1.10 Elect Director William D. Young For No Vote Management
2 Approve Omnibus Stock Plan For No Vote Management
3 Amend Qualified Employee Stock For No Vote Management
Purchase Plan
4 Ratify Auditors For No Vote Management
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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 Noreen
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Clifford Noreen, President
Date: August 26, 2005
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* Print the name and title of each signing officer under his or her signature.