Text Eliding does not change the text

Test steps:
1. Add a text object and add text to the object
2. Set fixed size for the object and word wrapping to Clip, WrapWord or WrapAnywhere
3. Make sure that the text does not fit to the text field
4. Set Eliding
-> Setting the Eliding to Left, Middle or Right does not change the text in any way. There is no change in scene camera view or preview in viewer.