<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
	<periodOfReport>2003-08-14</periodOfReport>
	<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000275694</issuerCik>
        <issuerName>MASSMUTUAL CORPORATE INVESTORS</issuerName>
        <issuerTradingSymbol>MCI</issuerTradingSymbol>
	</issuer>
	<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001194961</rptOwnerCik>
            <rptOwnerName>CRANDALL ROGER W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>DAVID L. BABSON &amp; COMPANY INC.</rptOwnerStreet1>
            <rptOwnerStreet2>1500 MAIN STREET</rptOwnerStreet2>
            <rptOwnerCity>SPRINGFIELD</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>01115</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
			<isDirector>0</isDirector>
			<isOfficer>1</isOfficer>
			<isTenPercentOwner>0</isTenPercentOwner>
			<isOther>0</isOther>
			<officerTitle>President</officerTitle>
		</reportingOwnerRelationship>
	</reportingOwner>
	<derivativeTable>
		<derivativeTransaction>
			<securityTitle>
				<value>David L. Babson Non-Qualified Thrift Plan</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>0.00</value>
			</conversionOrExercisePrice>
			<transactionDate>
				<value>2003-08-14</value>
				<footnoteId id="F1"/>
			</transactionDate>
			<deemedExecutionDate>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>A</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
			</transactionCoding>
			<transactionAmounts>
				<transactionShares>
					<value>434.57</value>
				</transactionShares>
				<transactionPricePerShare>
					<value>21.91</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>A</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<exerciseDate>
				<value>1988-08-08</value>
				<footnoteId id="F2"/>
			</exerciseDate>
			<expirationDate>
				<value>1988-08-08</value>
				<footnoteId id="F2"/>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Capital Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>434.57</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>28517.02</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeTransaction>
		<derivativeTransaction>
			<securityTitle>
				<value>David L. Babson Non-Qualified Thrift Plan</value>
			</securityTitle>
			<conversionOrExercisePrice>
				<value>0.00</value>
			</conversionOrExercisePrice>
			<transactionDate>
				<value>2003-08-21</value>
			</transactionDate>
			<deemedExecutionDate>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>4</transactionFormType>
				<transactionCode>A</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
			</transactionCoding>
			<transactionAmounts>
				<transactionShares>
					<value>34.27</value>
				</transactionShares>
				<transactionPricePerShare>
					<value>22.80</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>A</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<exerciseDate>
				<value>1988-08-08</value>
				<footnoteId id="F2"/>
			</exerciseDate>
			<expirationDate>
				<value>1988-08-08</value>
				<footnoteId id="F2"/>
			</expirationDate>
			<underlyingSecurity>
				<underlyingSecurityTitle>
					<value>Capital Stock</value>
				</underlyingSecurityTitle>
				<underlyingSecurityShares>
					<value>34.27</value>
				</underlyingSecurityShares>
			</underlyingSecurity>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>28551.29</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</derivativeTransaction>
	</derivativeTable>
	<footnotes>
		<footnote id="F1">Dividend Reinvestment</footnote>
		<footnote id="F2">Exercisable only upon termination or retirement, however, holdings may be liquidated and invested into other investment options at each month. The derivative has no actual securities underlying the agreement, which is entirely notional.</footnote>
	</footnotes>
	<remarks>
	</remarks>
	<ownerSignature>
		<signatureName>By: Norman B. Flebotte as Attorney-in-fact for</signatureName>
		<signatureDate>2003-08-22</signatureDate>
	</ownerSignature>
</ownershipDocument>

