With PackageReload.EnableFastPath enabled, doing an asset reload, will result in DEADPACKAGE
Slack thread: [Link Removed]
RESULT: Open the .COPY file and you'll see there's a DEADPACKAGE: PossessedObjectClass="/Game/UMG/UMG_Navigation_DEADPACKAGE_8.UMG_Navigation_C"
There's no existing public thread on this issue, so head over to Questions & Answers just mention UE-230274 in the post.