Hi Sherilou,
No, it is a hybrid. There will be variation in seeds saved. If you want to grow small sweet peppers that you can save seed from, there are a few other varieties that are not hybrid. There are 'Mini Bell' types. They come in various colors.
Remy

Thanks remy! I will research the little heirloom peppers and maybe I'll find a few of them at the farmer's market this year to sample. Thanks again!