succinct - sort of, better - ???

#!/usr/bin/perl

use strict; # https://perlmonks.org/?node_id=11135746
use warnings;
use Data::Dump 'dd';

local $_ = 'text <one 1> three <two 2> four <five 5> K <six 6> lastwor
+d';

for my $len ( 30 .. length )
  {
  my $text = s/^.{0,$len}\b\K.*//sr =~ s/<[^<>]*\z//sr . '...';
  dd $text;
  }
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Outputs:

"text <one 1> three <two 2> ..."
"text <one 1> three <two 2> four..."
"text <one 1> three <two 2> four..."
"text <one 1> three <two 2> four ..."
"text <one 1> three <two 2> four ..."
"text <one 1> three <two 2> four ..."
"text <one 1> three <two 2> four ..."
"text <one 1> three <two 2> four ..."
"text <one 1> three <two 2> four ..."
"text <one 1> three <two 2> four ..."
"text <one 1> three <two 2> four ..."
"text <one 1> three <two 2> four <five 5> ..."
"text <one 1> three <two 2> four <five 5> K..."
"text <one 1> three <two 2> four <five 5> K..."
"text <one 1> three <two 2> four <five 5> K ..."
"text <one 1> three <two 2> four <five 5> K ..."
"text <one 1> three <two 2> four <five 5> K ..."
"text <one 1> three <two 2> four <five 5> K ..."
"text <one 1> three <two 2> four <five 5> K ..."
"text <one 1> three <two 2> four <five 5> K ..."
"text <one 1> three <two 2> four <five 5> K ..."
"text <one 1> three <two 2> four <five 5> K <six 6> ..."
"text <one 1> three <two 2> four <five 5> K <six 6> ..."
"text <one 1> three <two 2> four <five 5> K <six 6> ..."
"text <one 1> three <two 2> four <five 5> K <six 6> ..."
"text <one 1> three <two 2> four <five 5> K <six 6> ..."
"text <one 1> three <two 2> four <five 5> K <six 6> ..."
"text <one 1> three <two 2> four <five 5> K <six 6> ..."
"text <one 1> three <two 2> four <five 5> K <six 6> ..."
"text <one 1> three <two 2> four <five 5> K <six 6> lastword..."
[download]