Add to VCS - VCS path listed incorrectly for All_Schemas option

Operating under TFS:

Team Project set to All_Schemas:

Subfolder Structure set to Schema / Object Type / :

The object pictured below was stored correctly in folder path $BanTest_All/Team_Coding/NWC/FUNCTION.

However, as you can see, the Add to VCS popup screen incorrectly states that the folder path will be $BanTest_All/Team_Coding/All_Schemas/FUNCTION