BAB will go up and down depending upon the interest rates. Interest rates have only one direction to go from here and that is up. BAB is therefore not a good buy at this time. However, it is probably a good thing to buy individual bonds of this type. That way holding them to maturity will assure one of recovery of capital. I do not know who sells them. I have not seen any at Fidelity, need to call a broker and find out.
the price of the underlying securities will rise and fall with the prevailing interest rates at any given time so ask yourself if rates are going up and how soon. bab securities are pretty highly rated and but what will happen in the future? don't ask me, if you do the opposite of what i think, you will probably be better off....glty