Form-level validation does not behave as expected - redux-form

Question

Using redux-form 7.0.3, I'm unable to get the Field validate API to do anything.
First, I created a basic, minimal example templated off of the docs.
import React from 'react'
import { Field, reduxForm } from 'redux-form'
// removed validation fns
const required = value => {
console.log('Test of validation fn')
return (value ? undefined : 'Required')
}
// unchanged
const renderField = ({
input,
label,
type,
meta: { touched, error, warning }
}) =>
<div>
<label>
{label}
</label>
<div>
<input {...input} placeholder={label} type={type} />
{touched &&
((error &&
<span>
{error}
</span>) ||
(warning &&
<span>
{warning}
</span>))}
</div>
</div>
// removed fields & made into React Component
class FieldLevelValidations extends Component {
render(){
const { handleSubmit } = this.props
return (
<form onSubmit={handleSubmit}>
<Field
name="test"
type="text"
component={renderField}
label="Test Component"
validate={required}
/>
<div>
<button type="submit">
Submit
</button>
</div>
</form>
)
}
}
export default reduxForm({
form: 'fieldLevelValidation'
})(FieldLevelValidations)
From this I would assume that the forms reducer processes an action that sets a prop that can be accessed in renderField, but it does not. Both error and warning are undefined, and required is never called. Additionally, there is no isValid or the like property set in the store. I don't know if this is a bug or if I'm missing some critical piece, but I would expect more to be happening here. Also, some greater detail in the docs would be nice.