Views no results works in blocks but not entityreference

I’ve got a view set up both as a block and as an entityreference. The configurations are identical, but while the no results messaging shows up fine for the block, it doesn’t work for entityreference. Is there some extra configuration step required to get this to work in ER? I have no exposed filters, one simple relationship and a few contextual filters. It’s pretty straightforward. I tried adding a global:null to the reference, but that didn’t make a difference.

Views: 7.x-3.14

Drupal version: 


Source: https://www.drupal.org/taxonomy/term/22/feed