Mask Opacity NOT working in Premiere Pro 23

It think this may be a bug.  The opacity does not seem to be working reliably on my masked clips. Sometimes it works, sometimes it does not. I'm wondering if it is because I am working with a multi-cam clip or some other reason. See attached for screen grabs and details.

I’m using Premiere Pro 23.1.0

Mac OS 12.5.1
MacBook Pro 16” 2021

Any help would be appreciated. I’d love to have better control over masking elements and right now I’m doing a ton of workarounds. I’m hoping I’m just missing a step, but I’m not finding it.

Thanks in advance,

Text and image from pdf embedded by mod.

Why am I not seeing my masked image?
The opacity does not seem to be working.
If I remove all keyframes and set to 100 % it is fine, but obviously the transition in is cold and
not what I want.
I’ll note the second image is also a mask on another layer, the opacity keyframes in/out work as
intended. It’s the image of the woman on the left and I have set the keyframes from a multi-
camera track. Maybe that has something to do with the other track opacity keyframes not
working?
There are no extra masks on either of these and none are inverted.