Duplicating an Instanced UProperty Component copies a reference, instead of a "deep copy"

Duplicating a UActorComponent that has an Instanced UPROPERTY does not perform a deep copy of the instanced property. It appears to only copy a reference to the instanced object. Where as, performing a copy of an instanced component will be treated as a "deep copy" instead of a reference.

Project has been attached for easier reproduction.

1. Open up the attached project
2. From the Content folder, create a new Actor Blueprint.
3. From the Add Component tab->Custom-> add a DuplicateInstanceBug component.
4. Select the Component , in the details panel you will notice the instanced property field, use the drop down to select Duplicate Instance Bug Object.
5. Edit InstancedProperty->DuplicateInstanceBugObject->EditMe String field with some text.
6. Compile & Save.
7. Duplicate the original component using Ctrl+W.
8. Copy and paste the original component using Ctrl+C then Ctrl+V.
9. Edit both the duplicated component's and the copied component's InstancedProperty->DuplicateInstanceBugObject->EditMe fields using different values for each.
10. Compile & Save.
11. Notice how the change made to the duplicate's field propagated to the original but the change made to the copy's didn't.

Expected:
All three components should have their own InstancedProperty object.

Results:
The original component's and the duplicated component's InstancedProperty fields point to the same object.