Hello [mention removed],
Thanks for bringing this up.
I’ve tested this in both UE 5.5 and the 5.6 Preview, and I can see the Max Draw Distance property when the SpotLight Component is selected inside a Blueprint Actor (in defaults and placed on the level).
Just to confirm, after adding the SpotLight component, are you selecting it in the Components panel? The property won’t show up if you’re looking at the actor itself or a different component.
Best,
Francisco