Are item deal property effective and/or expiration dates used?

This question is specific to v16 Xstore.

If we build deal item test records to look at an arbitrary ITEM_PROP as the field to match against, does Xstore consider the effective date and/or expiration date of any relevant record found in the item deal property table? In some of my exploratory tests it doesn't appear to.

For example, say for item id 123 I have an item deal property record that I'm testing against:

property: GENDER, value: MALE, effective date: 3/1/2017, expiration date 3/10/2017

Say the date is 3/16/2017, and I add item 123 to a transaction, and the deal engine tests against ITEM_PROP:GENDER EQUAL MALE. Will this return true?