How does a $24 ETF pay $20.5 dividends - IIF India Fund ?

Question

If you check the stats for IIF, an ETF for India, they paid $11.9 dividend last December and another big dividend of $8.6 in June.

http://finance.yahoo.com/q/hp?s=IIF&a=01&b=15&c=2007&d=07&e=15&f=2008&g=m

Now the fund is trading around $24.

Isn't that 90% return?

What's wrong with this picture?

http://img31.imagevenue.com/img.php?image=03184_IIF_2dividends_420div_122_888lo.jpg

Answer 1

Well its forward yield is 1.5%

That must have been a special dividend. Is it an income fund? The capital growth would be paid as a dividend.