Hello,
This is a relatively recent issue, as I've used the limiter before with no issues. Using the standard limiter (not the adaptive one), the output used to behave normally-- that is, setting the max output level for a track. In my case, I want to set a narration levels for a project that don't go above -5db. Now, it is operating as a gain reduction. So, when I apply the limiter, it reduces everything by -5db.
Very odd as I used to have no issues with this.