I installed the nightly build. I have also done quite a bit of testing, still not able to sort by any IPTC field.
I reduced the album to only 12 pics. Also wrote the sort order to IPTCSubLocation I also looked into the database & verified that these fields are populated with the sort order. So the sort order is written to 2 fields, yet will not sort by either one.
I also wrote the filename to the IPTCImageCaption field, and it will not sort by the "iptcimagecaption" either.
So from my testing I am unable to sort by 3 different IPTC fields that are populated in the database, and also show in Album>>Images>>Show more fields.
I have also confirmed that the album will sort manually, or by filename, so sorting works by other methods.
NOTE: In the album settings panel the sort field cannot be saved using any caps, which does not match the database field names (in case this setting is case sensitive).