Use a ByteArrayOutputStream as a buffer:
import java.io.ByteArrayOutputStream;
import java.io.PrintStream;
import java.nio.charset.StandardCharsets;
final ByteArrayOutputStream baos = new ByteArrayOutputStream();
final String utf8 = StandardCharsets.UTF_8.name();
try (PrintStream ps = new PrintStream(baos, true, utf8)) {
yourFunction(object, ps);
}
String data = baos.toString(utf8);