Path ellipsis (...) in the report items

I'd need to use a single item in the report control to contain a path. Since the path name could be "long", I need to truncate it, using ellipsis (...) in the name.

Is there any simpler way to implement this??

I found this way: using the DrawItem event, I draw directly on the report ...but it seems too "complicated" for a simple task like this...

Private Sub grdImportSts_DrawItem(ByVal Row As XtremeReportControl.IReportRow, _
                                  ByVal Column As XtremeReportControl.IReportColumn, _
                                  ByVal Item As XtremeReportControl.IReportRecordItem, _
                                  ByVal hDC As stdole.OLE_HANDLE, _
                                  ByVal left As Long, _
                                  ByVal top As Long, _
                                  ByVal right As Long, _
                                  ByVal bottom As Long, _
                                  DoDefault As Boolean)
    Dim tR As RECT
    
    If Item.Index = ID_COL_FILENAME Then
   
        tR.right = right - 4
        tR.left = left + 4
        tR.bottom = bottom - 2
        tR.top = top + 1
       
        DrawText hDC, Item.Value, -1, tR, DT_PATH_ELLIPSIS Or DT_SINGLELINE Or DT_MODIFYSTRING
        DoDefault = False

    End If

End Sub